Signal Automation forecast to affect up to a third of UK jobs

Summary

The report expects rapidly advancing artificial intelligence to have a major effect on the labour market. Automation alone is forecast to affect up to a third of UK jobs. The report explains, however, that job displacement does not necessarily mean higher unemployment. Instead, workers may need to raise their skills to move into technical occupations. The report foresees roles such as accountants, software coders and analysts being gradually replaced by AI while jobs in electrical engineering, bioengineering and applied AI emerge and grow. In fields like customer service and graphic design, it expects AI to boost productivity rather than fully replace people.